The sacrifice associated with settling on one choice over another is called an opportunity cost.
An opportunity cost, it is alluded to as the benfits that exist while going with a choice. It very well may be ready to go or an individual choice.
At the point when one individual settles on a choice, there are different choices left that can have benefits. The sacrifice associated with settling on one choice over another is called an opportunity cost.
That is the reason is prescribed to make a cost-benefit investigation to consider every one of the advantages.
For more information about opportunity cost, refer the following link:
https://brainly.com/question/13036997
#SPJ1
